Focus Partners Advisor Solutions LLC Purchases Shares of 36,196 ATI Inc. $ATI

Focus Partners Advisor Solutions LLC purchased a new stake in ATI Inc. (NYSE:ATI) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 36,196 shares of the basic materials company’s stock, valued at approximately $4,154,000.

A number of other hedge funds have also modified their holdings of the company. Fox Run Management L.L.C. acquired a new position in shares of ATI in the fourth quarter valued at about $224,000. Waddell & Associates LLC acquired a new position in shares of ATI in the fourth quarter valued at about $207,000. Cerity Partners LLC increased its holdings in shares of ATI by 459.7% in the fourth quarter. Cerity Partners LLC now owns 33,983 shares of the basic materials company’s stock valued at $3,900,000 after purchasing an additional 27,911 shares during the period. Erste Asset Management GmbH increased its holdings in shares of ATI by 259.1% in the fourth quarter. Erste Asset Management GmbH now owns 25,780 shares of the basic materials company’s stock valued at $3,007,000 after purchasing an additional 18,600 shares during the period. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of ATI by 17.4% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 8,921 shares of the basic materials company’s stock valued at $1,024,000 after purchasing an additional 1,325 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Susquehanna increased their price objective on ATI from $155.00 to $185.00 and gave the company a “positive” rating in a report on Friday, April 10th. Wall Street Zen lowered ATI from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. BTIG Research increased their price objective on ATI from $165.00 to $180.00 and gave the company a “buy” rating in a report on Friday, May 1st. JPMorgan Chase & Co. increased their price objective on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, KeyCorp increased their price objective on ATI from $167.00 to $175.00 and gave the company an “overweight” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, ATI has an average rating of “Buy” and an average price target of $164.38.

ATI Stock Performance

Shares of ATI stock opened at $186.84 on Wednesday. The company has a market capitalization of $25.50 billion, a P/E ratio of 61.87, a P/E/G ratio of 1.55 and a beta of 0.96. The business’s 50 day moving average is $160.52 and its two-hundred day moving average is $139.49. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95. ATI Inc. has a 12-month low of $70.42 and a 12-month high of $189.70.

ATI (NYSE:ATI) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.12. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.ATI’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.72 earnings per share. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. Analysts expect that ATI Inc. will post 4.43 EPS for the current fiscal year.

ATI declared that its Board of Directors has initiated a share repurchase program on Thursday, February 19th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the basic materials company to reacquire up to 2.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Insider Transactions at ATI

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the transaction, the chief executive officer owned 218,014 shares in the company, valued at approximately $39,039,766.98. This represents a 21.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.98% of the company’s stock.

ATI Profile

Allegheny Technologies Incorporated (ATI) is a global manufacturer of specialty materials and complex components, serving aerospace, defense, oil and gas, chemical processing, medical and other industrial end markets. The company operates through two main segments: High Performance Materials & Components, which produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings; and Flat-Rolled Products, which supplies stainless steel, nickel and specialty alloy sheet, strip and precision-rolled plate.